China Growth Stocks

[NF]

Numbers were terrible indeed...Worst than expected.What I find surprising is that the major indexes are falling "just" 0.60%. The market has assume the worst case scenario at this point IMHO, and I don't believe we'll drop much more from this point.
And has you stated yesterday, the fact that the Russell2000 isn't dropping more the major indexes seems to be a very good indicator.


"Here's a sign that tells me the market is about to turn upward .....

Not sure how closely you guys follow the different indexes, but normally if you see the Dow down (for example) 1%, you'll find the Russell 2000 down about 1 1/2% and vice versa on up days. Today ..... the Russell 2000 is acting very very strong in relation to the Dow and the Nasdaq percentage wise. This is the first time in weeks and weeks that I've seen the Russell 2000 down significantly less on a percentage basis than the Dow & Nasdaq. Small caps to lead the turn upward ? It works for me."